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Joined 2 years ago
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Cake day: June 23rd, 2023

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  • You’re right this won’t help - all it will do is push up the average house price by 25k. Freezing prices won’t do anything except drive shortage and lower quality property. Everything you mentioned will work once until people realize they can take advantage of it. We’ve seen it before - price freezes don’t help.

    It is well known what we need to do.

    • make property a bad investment. Heavily tax vacant properties and ownership of multiple, improve renters rights, increase interest rates for investment purchases. The goal is to drive down Qd quickly, reducing the value of other owned properties.

    • significantly drive up quality housing stock - Increase of Qs. Tax breaks for new builds, government rent to own, density and infrastructure increases. No tax on new builds owned for 10 years. Longer plan that solves long term.